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Orosur Mining (Orosur Mining) Net-Net Working Capital : $-0.06 (As of Feb. 2024)


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What is Orosur Mining Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Orosur Mining's Net-Net Working Capital for the quarter that ended in Feb. 2024 was $-0.06.

The industry rank for Orosur Mining's Net-Net Working Capital or its related term are showing as below:

OROXF's Price-to-Net-Net-Working-Capital is not ranked *
in the Metals & Mining industry.
Industry Median: 5.475
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Orosur Mining Net-Net Working Capital Historical Data

The historical data trend for Orosur Mining's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Orosur Mining Net-Net Working Capital Chart

Orosur Mining Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.12 -0.08 -0.06 -0.06

Orosur Mining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.06 -0.06 -0.07 -0.06

Competitive Comparison of Orosur Mining's Net-Net Working Capital

For the Gold subindustry, Orosur Mining's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Orosur Mining's Price-to-Net-Net-Working-Capital Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Orosur Mining's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Orosur Mining's Price-to-Net-Net-Working-Capital falls into.



Orosur Mining Net-Net Working Capital Calculation

Orosur Mining's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in May. 2023 is calculated as

Net-Net Working Capital(A: May. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.748+0.75 * 0+0.5 * 0-15.086
-0-0)/188.56
=-0.06

Orosur Mining's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.982+0.75 * 0+0.5 * 0-15.124
-0--0.006)/205.584
=-0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Orosur Mining  (OTCPK:OROXF) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Orosur Mining Net-Net Working Capital Related Terms

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Orosur Mining (Orosur Mining) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, 1st Floor, Toronto, ON, CAN, M5C 1P1
Orosur Mining Inc is a South American-focused gold development and exploration company. In Colombia, the company wholly owns the Anza exploration gold project located in the Middle Cauca Belt in Antioquia, Colombia which hosts such projects as Buritica, Titiribi, Marmato and La Colosa. The company is only engaged in the Ariquemes Project located in Brazil, and the El Pantano Project located in Argentina. The segment additionally includes the evaluation of mining asset acquisitions throughout Latin America.

Orosur Mining (Orosur Mining) Headlines

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